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$4,800,000
10480 Creek Rd, Oak View, CA 93022
4 Beds
3 Baths
2,859 sqft

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Over $1,000,000 spent in upgrades on this rare opportunity to own this amazing 20 Acre Ranch known as Rancho Royale! Additional rental income of approx. $14,000 monthly income stream. The property is comprised of two contiguous 10 acre parcels with separate APN's and each with their own single family residence that combined make this a truly unique and rare ranch suitable for so many potential uses. Let your imagination run wild and turn your dream into reality as this flat 20 acre property provides both the footprint for your vision while generating a substantial income stream. Currently set up as a fully equipped Equine Facility with Five Arenas, Three Round Pens, Two Large Barns both English and Western as well as two 6 stall barns, Newer Hay Barn, Managers Office, Workshop and so much more. This property is well located and is only a 15 minute drive from downtown Ojai or the Pacific Ocean! The Owners Main Residence has been renovated from top to bottom with all the comforts of a new home. Upgrades include remodeled Kitchen with granite counters, tastefully remodeled bathrooms, manufactured wood-like flooring throughout, vaulted ceilings and recessed lighting. The main home also includes a 1445 sq.ft. remodeled rental apartment which sits above the two-car garage and the large second home is located on the 2nd parcel and is currently rented with a long term tenant.
  • Price:
  • $4,800,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 3
  • Square Footage:
  • 2,859
  • Acreage:
  • 20.29
  • Year Built:
  • 1988
  • Listing ID #:
  • V1-1312
  • Street Address:
  • 10480 Creek Rd
  • City:
  • Oak View
  • State:
  • California
  • Postal Code:
  • 93022
  • County:
  • Ventura
  • Subdivision:
  • Not Applicable
  • Listing Status:
  • Active
  • Building Condition:
  • Updated/Remodeled
  • Building Faces:
  • North
  • Building Security:
  • Automatic Gate
  • Fireplace:
  • Decorative, Living Room
  • Fireplace:
  • 1
  • Foundation:
  • Raised
  • Number Of Floors In Unit:
  • Two
  • Patio Description:
  • Front Porch
  • Stories:
  • 2
  • Total Building Square Footage:
  • 2859
  • Type Of Roof:
  • Composition
  • View:
  • Hills, Mountain(s), Pasture
  • Year Built:
  • 1988
  • Conforms To Zoning:
  • Os10ac
  • Lot Features:
  • Back Yard, Front Yard, Horse Property, Horse Property Improved, Ranch, Sprinklers None, Yard
  • Lot Square Footage:
  • 883832.00
  • Road Frontage Type:
  • County Road
  • Community Features:
  • Horse Trails, Rural, Stable(s)
  • Days On Market:
  • 129
  • On Market Date:
  • 2020-09-13
  • Originating Mls:
  • Crf
  • Previous Listing Price:
  • 5200000.00
  • Price Per Square Foot:
  • 1678.91
  • Bathroom Description:
  • Remodeled
  • Bedroom Description:
  • Living Room, Master Bedroom, See Remarks
  • Dining Room:
  • Breakfast Counter / Bar, Dining Room
  • Kitchen Features:
  • Granite Counters, Remodeled Kitchen
  • Buildings Included:
  • Barn(s), Guest House, Guest House Detached, Outbuilding, Shed(s), Storage, Two On A Lot, Workshop
  • Fence:
  • Wrought Iron
  • Fenced:
  • 1
  • Garage Parking Spaces:
  • 2.00
  • Has Garage:
  • 1
  • Parking Spaces:
  • 2.00
  • Appliances:
  • Dishwasher, Gas Cooktop, Gas Oven, Microwave
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Forced Air
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By David Remedios of RE/MAX Gold Coast Realtors (: 00902963)
  • CRMLS

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